Pray For Rain: ACCC’s Loss Capitalisation Model
A fundamental objective of economic regulation is to ensure a regulated firm has a reasonable opportunity to recover its efficiently-incurred costs. Without this opportunity, such a firm will no [...]
Pray for Rain – New Frontier Economics bulletin
The Australian Competition and Consumer Commission’s (ACCC’s) recent draft decision on how State Water’s volume risk should be managed departs from standard regulatory practice. This bulletin [...]
